A US state is taking action against three cryptocurrency, forex and share trading platforms which claim to be regulated on the Isle of Man.
The Texas State Securities Board has filed three cease and desist orders against Binary Trade Forex, FX Trades and IQTrade.
All three are said to operate from Texas, but claim they're regulated by the Isle of Man Gambling Supervision Company.
However, that claim isn't true, and they've been ordered to stop offering investment schemes.
Chamber of Commerce wants members for election task force
The Island's chamber of Commerce is asking its members to sign up for an election task force to shape government policy.
Bank deposits rose over past year
The amount of money deposited in Island banks has risen over the past year, according to the Financial Service Authority's latest statistics.
Innovation and Investment forum expands to Island
A new innovation and investment network is being launched in the Island.
Conister Bank boosts local charity with record donation
Conister Bank has surprised The Children's Centre by donating a new minivan.
Paragon Recruitment merges with HR company
A Douglas recruitment firm says it's completed a management buyout and merged with a HR company.
Number of settlement agreements with regulator triples
The number of settlement agreements reached between people and the Gambling Supervision Commission's nearly tripled in the past year.
Trade stand applications open for Royal Show
Fancy setting up a trade stand at this year's Royal Manx Agricultural Show?
Island to be represented at major Spanish egaming event
Digital Isle of Man will be in Barcelona this month at a huge egaming event.
